On behalf of Mortgage Bankers Association Residential Board of Governors (RESBOG) Chair John Hedlund and Vice Chair Al Blank, MBA seeks members’ recommendations for individuals/companies to serve on RESBOG in future terms.
Category: News and Trends
Quote
“The Build More Housing Near Transit Act can and should find a home in the infrastructure package that Congress will soon debate. It is a smart, bipartisan, and low-cost solution needed to improve America’s infrastructure and Americans’ quality of life.”
–From an MBA/coalition letter to Congress urging support of H.R. 4307, which would promote housing development and construction near transit hubs.
Nick Volpe: A Brief History of Defects; Q3 2020’s Loan Quality Performance Sets Stage for Areas of Concern in 2021
Given the necessary delay that must precede the analysis of post-closing data, it is easy to forget the significance of these findings. However, mistakes made in the past often do not remain so, especially when those mistakes go unaddressed. Thus, lenders have a great deal to learn from their post-closing quality control analyses, even more so given the market disruptions and macroeconomic impact of COVID-19.
Rob Wilson: Relationships Need to be Transformational, Not Transactional
The mortgage business is inherently transactional and cyclical, with ever-changing rates, high-highs and low-lows, and this trend is not expected to change any time soon. The circumstances due to the pandemic mirror those of the economic downturn in 2008, and in both situations, it was crucial to have formed two-way partnerships with others in the industry who had a vested interest in mutual success and propelling both businesses forward.
Sponsored Content from SWBC: COVID-19 Disruptions Drive Tech-Focused Lender-Placed Insurance Programs
In this article, we’ll discuss how electronic data interchange (EDI) and robotic processing automation (RPA) technology are helping mortgage servicers improve the efficiency of their LPI process.
Bob Mansur, CMB, AMP: Are Your LOs Behaving the Way You Expect?
The first article of this series addressed the use of behavioral activities as enabling goals. Their purpose: to help LOs who were struggling to reach the production goals to which you and they had agreed. This follow-up piece looks at management’s additional actions to consistently communicate about those observable activity goals.
March New Home Purchase Mortgage Applications Strong
The Mortgage Bankers Association’s Builder Applications Survey for March reported mortgage applications for new home purchases increased by 7 percent from a year ago. and by 12 percent from February.
March New Home Purchase Mortgage Applications Strong
The Mortgage Bankers Association’s Builder Applications Survey for March reported mortgage applications for new home purchases increased by 7 percent from a year ago. and by 12 percent from February.
Small-Cap Industrial, Retail Leasing Activity Takes Off
Boxwood Means LLC, Stamford, Conn., said leasing in the small-cap real estate domain showed strong momentum during the first quarter as the economy bounced back from the pandemic.
Housing Market Roundup: Apr. 15, 2021
Beware the Ides of April—unless it’s news you seek. Because we have plenty of housing market reports below to slake your thirst.